$5,451 Closing Credit¹
#771265, Listing Office: RE/MAX Coastal Properties
$459,000 List price
5801 Thomas Dr Unit 508 Panama City Beach, FL 32408
$5,451
Closing credit¹
2 beds
2 full
1,144 sqft
$401 / sqft
Condo
Property details
About 5801 Thomas Dr Unit 508
Perfectly situated on the fifth floor with expansive views of the Gulf, this turnkey retreat invites you to wake up to the rhythm of the waves and unwind each evening with sunsets from your private balcony. Step inside and discover an open-concept layout bathed in natural light, where soft coastal hues, updated flooring, and elegant finishes create a warm and welcoming vibe. The dining and living areas flow seamlessly to a Gulf-facing balcony, perfect for morning coffee, alfresco dining, or evening cocktails with a view. The primary suite offers balcony access, breathtaking Gulf views, and a peaceful escape complete with a private ensuite. The second bedroom is equally inviting, with generous closet space and access to a full guest bathroom - making this home equally suited for personal getaways or short-term rental opportunities. Regency Towers is a gated, resort-style community offering two Gulf-front pools, a tiki bar, fitness center, billiard room, tennis courts, and direct private access to 560 feet of the sugar-white sands of Panama City Beach. Youre also just minutes from local favorites like St. Andrews State Park, Schooners, Signal Hill Golf Course, and Pier Park. Whether youre looking for a low-maintenance beach escape, a reliable rental property, or a full-time residence with front-row Gulf views, Regency Towers #508 delivers exceptional coastal style, comfort, and value. Beach life is calling - are you ready to answer?
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size1,144 sqft
Year built1982
MLS #975249
WaterfrontGulf
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Ice Maker, Electric Oven, Washer
- Interior: Breakfast Bar, Owners Closet
- Total Bedroom Count: 2
- Private Pool: No
- Waterfront: Gulf
- Architectural Style: N/A
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $459,000
- Price/SqFt: $401
- HOA Amount: $998
- HOA Frequency: Quarterly
- Annual Tax Amount: $4,019
- Tax Year: 2023
- Directions: Take Front Beach Rd to Joan Ave. Turn South on Joan and follow to Thomas Dr. Make Left on Thomas Dr. Regency Towers will be 2 miles down on right side.
- Year Built: 1982
- Living Area: 1,144 SqFt
- MLS Number: 975249
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Counts Real Estate Group Inc
- Office Email: steve@countsrealestate.com
- Listing Agent: Matthew J Anich
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 12:50:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$459,000
5801 Thomas Dr Unit 508
$5,451
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 04, 2019 | Home Sold | $252,000 |
| Aug 21, 2007 | Home Sold | $280,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $411,825 | $4,019 |
| 2022 | $297,500 | $3,028 |
| 2021 | $209,525 | $3,028 |
| 2020 | $184,237 | $2,281 |
| 2018 | $170,000 | $2,167 |
| 2017 | $162,350 | $2,086 |
History based on county public records data.
Nearby schools
7
Patronis Elementary School
Public District KG-5
1.6 mi
•7400 Patronis Dr
5
Lucille Moore Elementary School
Public District PK-5
4.1 mi
•1900 Michigan Ave
1
St. Andrew School at Oakland Terrace
Public District PK-5
4.5 mi
•2010 W 12th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,841. Most Panama City Beach, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
40%
<35k
52%
35k-100k
5%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
57%
Single, No Kids
7%
Single, with Kids
22%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
47%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Soccer
Pro Boxing
Hiking/backpacking
Where do the neighbors shop?
Forever 21
Burlington
Nordstrom Rack
Where do the neighbors go to eat?
Dominos Pizza
Popeyes
Chipotle
What do the neighbors drive?
Mazda
Dodge
Oldsmobile
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5801 Thomas Dr Unit 508
The listing price of 5801 Thomas Dr Unit 508 property is $459,000.
The property 5801 Thomas Dr Unit 508 is a condo located in Panama City Beach, Florida, 32408.
Active Listing: 5801 Thomas Dr Unit 508 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5801 Thomas Dr Unit 508 are: Patronis Elementary School (GreatSchools Rating 7/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), St. Andrew School at Oakland Terrace (GreatSchools Rating 1/10), Breakfast Point Academy (GreatSchools Rating 6/10), Jinks Middle School (GreatSchools Rating 2/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Rising Leaders Academy (GreatSchools Rating 5/10), J.R. Arnold High School (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $4,019 (source: MLS/based on county public records data).
The last sale was on November 4, 2019 for $252,000 (source: MLS/tax record).
The property at 5801 Thomas Dr Unit 508 has 2 bedrooms and 2 bathrooms.
The property 5801 Thomas Dr Unit 508 is 1,144 SqFt (source: MLS/tax record).
The year of construction for 5801 Thomas Dr Unit 508 is 1982.
This home is located at 5801 Thomas Dr Unit 508 in Panama City Beach, FL and zip code 32408. This 1,144 square foot home was built in 1982. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $459,000.
In April 2025, from all listings sold in Panama City Beach, FL there were more than 20 sold above asking price, over 127 sold below and more than 60 were sold right at the asked price. Between March and April 2025, Panama City Beach, FL real estate market has seen increase in the number of listings by 2.2%. The median list price of listings available in April 2025 was $334,464, while the average time on the real estate market was 83 days.
From Rocket Homes Real Estate and based on county public records data.